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Swiss court to hear landmark climate case against cement giant
Swiss court to hear landmark climate case against cement giant
Business and Economy
by  AFP

A Swiss court has decided to hear a landmark climate case pitting residents of a tiny Indonesian island being swallowed by rising sea levels against cement giant Holcim, NGOs helping the islanders said Monday. Holcim has not owned any cement plants in Indonesia since 2019, but the islanders argue that the company shares the blame for rising temperatures and sea levels.

US in 'pursuit' of third oil tanker in Caribbean: official
US in 'pursuit' of third oil tanker in Caribbean: official
Business and Economy
by  AFP

The US Coast Guard was pursuing another allegedly sanctioned tanker on Sunday, a US official told AFP, as Washington ramps up its pressure campaign targeting Venezuela's vital oil sector. "The United States Coast Guard is in active pursuit of a sanctioned dark fleet vessel that is part of Venezuela's illegal sanctions evasion.

As US battles China on AI, some companies choose Chinese
As US battles China on AI, some companies choose Chinese
Business and Economy
by  AFP

Even as the United States is embarked on a bitter rivalry with China over the deployment of artificial intelligence, Chinese technology is quietly making inroads into the US market. It was also a reckoning for the United States -- locked in a battle for dominance in AI tech with China -- on how far its archrival had come.